Updated Aug 9, 2026
/Wells Fargo economist Tom Porcelli says Fed rate hikes cannot fix supply-driven inflation/New York Times Posts 16% Profit Gain as Digital Subscriptions Push Toward 15 Million/Hunter Biden says father's prostate cancer has spread beyond bones/Iran's parliament speaker dismisses U.S. diplomatic overtures as "theater," calls on Washington to fulfill commitments/Joby Aviation jumps 9% on raised guidance as Archer and EHang sit out the eVTOL rally/US Senate delays CLARITY Act vote to September, Thune confirms/Wells Fargo economist Tom Porcelli says Fed rate hikes cannot fix supply-driven inflation/New York Times Posts 16% Profit Gain as Digital Subscriptions Push Toward 15 Million/Hunter Biden says father's prostate cancer has spread beyond bones/Iran's parliament speaker dismisses U.S. diplomatic overtures as "theater," calls on Washington to fulfill commitments/Joby Aviation jumps 9% on raised guidance as Archer and EHang sit out the eVTOL rally/US Senate delays CLARITY Act vote to September, Thune confirms
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Macro desk · August 9, 2026

Wells Fargo economist Tom Porcelli says Fed rate hikes cannot fix supply-driven inflation

NEW YORK, Aug. 9. The Federal Reserve should hold its benchmark rate at 3.50% to 3.75% through 2026, Wells Fargo chief economist Tom Porcelli said, arguing that tariffs and energy costs are supply-side inflation drivers that rate hikes…

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EarningsAugust 9, 2026

New York Times Posts 16% Profit Gain as Digital Subscriptions Push Toward 15 Million

NEW YORK, Aug. 9. The New York Times Company (NYSE: NYT) added 280,000 net new digital subscribers in the second quarter, lifting its total base to 13.4 million, as adjusted operating profit rose 16% to approximately $155 million and…

2 min read
MacroAugust 8, 2026

Hunter Biden says father's prostate cancer has spread beyond bones

Joe Biden's prostate cancer has spread beyond his bones, his son Hunter Biden said in a BBC interview, describing the former president's condition as painful and debilitating. Biden, 83, first disclosed an aggressive prostate cancer…

2 min read
MacroAugust 7, 2026

Iran's parliament speaker dismisses U.S. diplomatic overtures as "theater," calls on Washington to fulfill commitments

TEHRAN, Aug. 7. Iran's Parliament Speaker Mohammad Bagher Ghalibaf rejected recent diplomatic overtures from the United States, describing the recurring pattern of threats followed by calls for negotiation as "theater diplomacy." He called…

2 min read
04
EarningsAugust 7, 2026 · 2 min read

Joby Aviation jumps 9% on raised guidance as Archer and EHang sit out the eVTOL rally

NEW YORK, Aug. 7. Joby Aviation (NYSE: JOBY) shares climbed 9% to $8.47 by midday Thursday after the electric air taxi maker raised its full-year 2026 revenue guidance to $115 million to $125 million and reported second-quarter revenue…

05
CryptoAugust 7, 2026 · 2 min read

US Senate delays CLARITY Act vote to September, Thune confirms

WASHINGTON, Aug. 7. The U.S. Senate is deferring a vote on the CLARITY Act until September, Senate Majority Leader John Thune reportedly confirmed. Thune described the chamber's move in a single word: "punting."

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Updated August 7, 2026
RegulatoryFiled

Rocket Companies posts $766 million adjusted EBITDA in Q2 2026, most profitable quarter in four years

DETROIT, August 6. At $766 million in adjusted EBITDA, the second quarter ended June 30, 2026 was Rocket Companies' (NYSE: RKT) most profitable in four years, the company said. Total revenue net came in at $2.78 billion, up from $1.45…

August 7, 20262 min read
DealsFiled

SoFi Technologies shares fall 28% in 2026 as lending revenue takes a larger share of the mix

NEW YORK, Aug. 7. SoFi Technologies (SOFI) has lost 28% of its value year-to-date in 2026 and sits 43% below its 52-week high, as investors pulled back on the company's shifting revenue composition even as it posted record adjusted net…

August 7, 20262 min read
EnergyFiled

Dan Mullen defends Florida record in Finebaum interview, but the closing stretch numbers cut against him

GAINESVILLE, Fla., Aug. 7. A 2-9 record against Power 5 opponents in his final stretch at Florida undercut the defense Dan Mullen offered this week on ESPN's Paul Finebaum Show. Mullen, now the head coach at UNLV, told Finebaum the Gators…

August 6, 20262 min read

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